Forge Auto International (NSE:FORGEAUTO) Tax Expense : ₹ Mil (TTM As of Mar. 2024)

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What is Forge Auto International Tax Expense?

Forge Auto International's tax expense for the six months ended in Mar. 2024 was ₹26 Mil.

Forge Auto International Tax Expense Historical Data

The historical data trend for Forge Auto International's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Forge Auto International Tax Expense Chart

Forge Auto International Annual Data

Trend

Mar22

Mar23

Mar24

Tax Expense

11.01

19.67

26.03

Forge Auto International Semi-Annual Data
	Mar22	Mar23	Mar24
Tax Expense	11.01	19.67	26.03

Forge Auto International Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Forge Auto International (NSE:FORGEAUTO) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.

Forge Auto International Tax Expense Related Terms

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Forge Auto International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forge Auto International Ltd (NSE:FORGEAUTO) » Definitions » Tax Expense

Traded in Other Exchanges

N/A

Address

Machhiwara Road, Village Mangarh, Kohara, Ludhiana, PB, IND, 141001

Website

https://www.failtd.com

Forge Auto International Ltd is an engineering company engaged in forging and manufacturing of complex and safety-critical, forged and precision machined components such as big rings, small rings, big ball studs, gear blank with a broach, stub axle assembly, flange yoke 325 HS, catering to different industry sectors like auto industry including automobiles, tractors, railways etc. and non-auto sectors like agriculture parts, hydraulic parts, striking tools etc. It serves its customers comprising of domestic and global original equipment manufacturers (OEMs) engaged in manufacturing for both the automotive sector and other nonautomotive sector, used across industries by a diversified base of customers.

Forge Auto International Headlines

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